Job Growth Powers Market Rally

A pleasant surprise greeted financial markets Friday when Labor Department numbers showed that jobs increased in September for the first time in eight months.

On the heels of the announcement, U.S. stocks rose Friday morning, with the Dow Jones Industrial Average soaring into triple digit gains and the S&P 500 rocketing up 16 points, all within the first 15 minutes of trading. By early afternoon, the Nasdaq had risen nearly 3%.